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The Statement of Owner's Equity

Question 20

Multiple Choice

The statement of owner's equity:


A) Reports how equity changes over a period of time.
B) Reports on cash flows for operating, financing, and investing activities at a point in time.
C) Reports on cash flows for operating, financing, and investing activities over a period of time.
D) Reports on amounts for assets, liabilities, and equity at a point in time.
E) Reports how equity changes at a point in time.

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